1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
3 years ago
15

Which sentence best describes a regressive tax? A. Regressive taxes place a higher burden on people who earn less compared to we

althier tax payers. B. Regressive taxes place a higher burden on wealthy tax payers compared to people who earn less. C. Regressive taxes result in poor tax payers paying no taxes. D. Regressive taxes prevent tax rates from rising over time.
History
1 answer:
SCORPION-xisa [38]3 years ago
8 0

The correct answer is A.

A regressive tax is applied uniformly to all taxpayers. Therefore, every person pays exactly the same, but such payment means a higher burden for those taxpayers with a lower income. If you earn 100, paying 1 as tax doesn't mind a lot to you, but if you earned 10 it would mind much more.

The most important regressive tax is the value added tax (VAT), in which a certain percentage of the price paid for a product is charged on top as a tax. If you buy rice, the percentage charged as VAT is the same for all consumers, but that amount of money would mean more to a humble shop owner than to the US president, for example.


You might be interested in
Who died on 8/28/2020<br><br> *hint: was the greatest actor to ever live
pentagon [3]

Answer:

Chadwick Boseman

Explanation:

Actor Chadwick Boseman, who played Black icons Jackie Robinson and James Brown before finding fame as the regal Black Panther in the Marvel cinematic universe, has died of cancer. His representative says Boseman died Friday, Aug. 28, 2020 in Los Angeles after a four-year battle with colon cancer. He was 43.

7 0
3 years ago
Describe how the Missouri Compromise was able to save the Union.​
Anna35 [415]

Answer:

Though the Missouri Compromise managed to keep the peace—for the moment—it failed to resolve the pressing question of slavery and its place in the nation’s future. Southerners who opposed the Missouri Compromise did so because it set a precedent for Congress to make laws concerning slavery, while Northerners disliked the law because it meant slavery was expanded into new territory

Explanation:

7 0
4 years ago
8. Do you think the provisional government in Russia would have been able to keep power if it had decided to stop fighting in Wo
Alisiya [41]

Answer:

No.

Explanation:

3 0
3 years ago
Read 2 more answers
How much was the most snow ever recorded in 24 hours in the US?
Alexandra [31]
April 14-15, 1921 at Silver Lake in Colorado, 75.8 inches.
3 0
3 years ago
Raised ideas based on
stepan [7]

Answer:

A

Explanation:

The Renaissance, that is, the period that extends roughly from the middle of the fourteenth century to the beginning of the seventeen century. Which was around the time of Greek and Roman theories

8 0
3 years ago
Read 2 more answers
Other questions:
  • The Free World and Communist Bloc often supported opposing fighters in the Third World nations.
    9·2 answers
  • The largest religious structure in the premodern world; construction began on this temple, which is located in modern cambodia,
    10·1 answer
  • What technology made steel the main building material of American cities and industry?
    15·1 answer
  • Which of these statements would be supported by a country practicing mercantilism? Select all that apply.
    15·2 answers
  • What four Main areas does the Stimlus Package Address?
    7·1 answer
  • Compared to attending a technical school a completing a four year college degree allows you to
    10·2 answers
  • Can there only be one vertical asymtote
    8·2 answers
  • What amendment to the constitution limited the president’s term to two?
    15·1 answer
  • What does competition have to do with social darwanism
    14·1 answer
  • 1 point
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!